Legislative Session number- 84

Bill Name: SF1476

Modifying certain provisions relating to the taxation of resorts; subjecting
certain small resorts to limited market value determination for property tax
purposes, limiting the valuation increase in the first year of subjection;
extending the duration of the limited market value provision; providing a
valuation deferment for certain resorts; reducing the first tier property tax
rate for resorts; providing a resort income tax investment credit; exempting
construction materials and supplies used in the expanding or improving resort
property from the sales tax, providing for collection and later refund

(ra)